78629 Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Gonzales Marketplace Strip Center Located in Gonzales, Texas. The Deal Includes a Shopping Center Sitting on 6.47 Acre Lot With a Strong National Tenant Mix Including Harbor Freight Recently Signing a New 10-Year Lease. At 80% Occupancy, Which Allows a New Owner to Significantly Increase Cash Flow Through Lease Up of the Remaining Vacancy. This Property is Also Located Along East Sarah Dewitt Drive With Over 16,000 VPD and Excellent Visibility From the Road.

Value-Add Shopping Center: At 80% Occupancy, Which Allows a New Owner to Significantly Increase Cash Flow Through Lease-Up of the Remaining Vacancy; With an Asking Price of $74 PSF, This Property Can Be Bought at Well Below Its Replacement Cost
New Leases with National Tenants: Harbor Freight Recently Executed a 10 Year Lease, and Shoe Sensation Has 7 Year Lease Out For Signature; Harbor Freight Has an Attractive Rent Escalation of 10% Starting in Year 6
Traffic: Gonzales Marketplace Sits Along East Sarah Dewitt Drive With Over 16,000 VPD and Excellent Visibility From the Road
Nearby Location Drivers: The Property is Located Nearby Victoria College Gonzales Center, Gonzales Healthcare Systems, Walmart Supercenter, HEB and Tractor Supply Co
Location and Population: Gonzales is Just Minutes From I-10, Just One Hour From Two of Texas’ Largest Cities, Austin and San Antonio, and Two Hours From Houston; There Are Over 37,000 People Living in the Retail Trade With a Median Household Income Exceeding $55,000; The Daytime Population is More Than 30,000 People, Including Employed Persons, Retired Persons and the Student Population
Workforce Development: The Gonzales Laborshed Offers a Robust Labor Population of Over 323,000 and Growing From Gonzales and 12 Neighboring Counties; Much of This Workforce Population Includes Early Education Through Technical Training and Colleges
GAP Analysis: $101,711,041 Leakage, or to the Degree Consumers Travel Outside the Community For Certain Goods and Services; The Main Focus Categories Include Grocery Stores, Food and Beverage, Clothing Stores and Health & Personal Care Stores

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Sands Investment Group is Pleased to Present For Sale the Taco Bell Lease Located in Gonzales, Texas. This Deal Includes a Brand New 15 Years on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.

Brand New 15 Year Absolute Triple Net (NNN) Lease
10% Rent Increases Every 5 Years Allowing Investors to Hedge Against Inflation
Strong Sales Performance With Healthy Rent-to-Sales Ratio
Emerge Inc. is a Growing Operator With 124-Units Across Three Brands (28-Unit Guaranty)
Essential Use Tenant With Drive-Thru, Pandemic and Recession Resistant
This Opportunity Provides For a Lower Price Point Deal With a Strong Operator – Excellent For 1031 Buyers
Sustainable and Stabilized Rent at $24.61/SF
Across From Strong Traffic Drivers Such as H-E-B and Walmart Supercenter
Located Off of Texas State Hwy 90 Which Sees 16,564 Vehicles Per Day
Property is in the Vicinity of 10+ Hotels and is Located Halfway Between Houston and San Antonio
Known as the “Lexington of Texas”, Gonzales Was the Site of the First Skirmish of the Texas Revolution
Income Tax-Free State (Texas)
Nearby Tenants Include: Tractor Supply Co, Harbor Freight Tools, Circle K, Wells Fargo, Texas Tire & Auto, AT&T Store, Gonzales National Bank and More